Sale of client relationship and goodwill by CA firm was of capital asset u/s 2(14) chargeable to tax under the…
Capital introduced by partner can not be taxed in firms hand as undisclosed income. It could be added in the…
Clarification on exercise of option to pay central tax @ 3% on first supplies of goods or services upto an…
GST Tax Invoice Series to be used wef 1st April, 2019 and Bill of Supply. Taxpayers advised to make suitable…
DVO reference u/s 55A invalid where value was more than FMV as on April 1, 1981 as per approved valuer's…
No concealment penalty for bonafide error of chartered accountant in claiming wrong deduction u/s 80IC by choosing incorrect initial assessment…
There is no concept of pre bargaining under Income Tax Act – ITAT dismisses delayed quantum appeal filed after initiation…
CBI arrested two Income Tax Officers in a bribery case of Rs. 14 lakh The Central Bureau of Investigation (CBI)…
CBDT has notified the income tax return formats for AY 2019-20. The Income-tax (Second Amendment) Rules, 2019 have been issued…
High Court imposes penalty of Rs. 50,000/ on Income Tax Department for harassment of assessee in illegally attaching bank account…